First Italian Social Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 71,561 | 71,682 | −121 | 0.7 | — |
| 2012 | 60,541 | 60,353 | 188 | 0.9 | — |
| 2013 | 70,966 | 70,312 | 654 | 0.8 | — |
| 2014 | 74,455 | 73,723 | 732 | 0.7 | — |
| 2015 | 82,671 | 82,082 | 589 | 0.5 | — |
| 2016 | 101,632 | 100,969 | 663 | 0.5 | — |
| 2017 | 105,084 | 105,616 | −532 | 0.4 | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 98,065 | 93,993 | 4,072 | 0.3 | — |
| 2020 | 32,699 | 30,474 | 2,225 | -1.4 | — |
| 2021 | 71,572 | 70,751 | 821 | -0.5 | — |
| 2022 | 96,744 | 98,096 | −1,352 | -0.6 | 40% |
In its most recent public year (2022), this organization spent $1,352 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 0.7 in 2011. Staff pay was 40% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
First Italian Social Club's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works